1403, Concorde Tower
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1403, Concorde Tower
What is 1403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 819 sqft
- Floor
- 14th of 43
- Parking
- (1)
- Developer
- 32 Group Properties
- Completed
- 2008
- Service charge
- AED 16,300 /yr
- Last sold
- AED 639K · May 2009
- Building
- Concorde Tower
About 1403, Concorde Tower
1403 is a one-bedroom apartment of 819 sqft on the 14th floor of Concorde Tower, a 43-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by 32 Group Properties. The developer sold it on 21 May 2009 for AED 638,673, or AED 779 per sqft.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 25 September 2024, is AED 70,000 a year: a gross yield of 11.0% on the 2009 price, before the service charge of about AED 16,300 a year.
Sales and rents for 1403 over time
1403 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Concorde Tower, and where 1403 sits
All 389 1-beds →Over the last 12 months one-beds sold for AED 800,000 to 1,500,000, around AED 1,224 per sqft, and rent for AED 37,000 to 160,000 a year. 1403's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 744 sqft | 950,000 | 1,277 | ||
| 30 Jan 202630 January 2026 | 639 sqft | 1,150,000 | 1,800 | ||
| 30 Jan 202630 January 2026 | 1,439 sqft | 1,440,000 | 1,000 | ||
| 29 Jan 202629 January 2026 | 980 sqft | 1,200,000 | 1,224 |
Concorde Tower
Building470 apartments, studios to 3-bed over 43 floors in Jumeirah Lake Towers (JLT), completed in 2008 by 32 Group Properties. 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,224 Up 2.8%
- Typical sale
- AED 1.15M
- Typical rent
- AED 80K /yr
- Typical yield
- 8.0%
Other units on the 14th floor
All 470 units in Concorde Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 372 sqft | AED 620KAED 620,000 · May 2014May 2014 | 45,000 /yr | |
| 1402 | 1-bed | 675 sqft | AED 535KAED 535,323 · Mar 2011March 2011 | 68,000 /yr | |
| 1404 | Studio | 505 sqft | AED 490KAED 490,000 · Oct 2021October 2021 | 47,000 /yr | |
| 1405 | 1-bed | 955 sqft | AED 1.11MAED 1,110,665 · Dec 2010December 2010 | 50,000 /yr | |
| 1406 | 1-bed | 825 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 105,000 /yr | |
| 1407 | 1,432 sqft | AED 1.26MAED 1,260,000 · Jul 2023July 2023 | |||
| 1408 | 1-bed | 1,432 sqft | AED 1.5MAED 1,500,000 · Feb 2014February 2014 | 130,000 /yr | |
| 1409 | 1-bed | 971 sqft | AED 950KAED 950,000 · Mar 2014March 2014 | 85,000 /yr | |
| 1410 | 1-bed | 980 sqft | AED 1.05MAED 1,050,000 · Jul 2024July 2024 | 70,000 /yr | |
| 1411 | Studio | 505 sqft | AED 330KAED 330,000 · Jan 2011January 2011 | 58,000 /yr | |
| 1412 | 1-bed | 819 sqft | AED 960KAED 960,409 · Aug 2011August 2011 | 77,700 /yr | |
| 1413 | 1-bed | 675 sqft | AED 780KAED 780,000 · Sep 2023September 2023 | 70,000 /yr | |
| 1414 | Studio | 372 sqft | AED 620KAED 620,000 · Jul 2023July 2023 | 55,650 /yr |
1403, Concorde Tower in numbers
- Sold once: by 32 Group Properties on 21 May 2009 for AED 638,673, or AED 779 per sqft.
- Rented since September 2013 on 6 Ejari contracts, from AED 35,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2009 price is 11.0%, before a service charge of about AED 16,300 a year (AED 19.92 per sqft).
- One-beds in Concorde Tower sold for AED 800,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,224 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2024.
Questions about 1403, Concorde Tower
What did unit 1403 last sell for?
AED 638,673 on 21 May 2009, sold by the developer: AED 779 per sqft for 819 sqft. It is the only registered sale of the unit.
What is the rent for unit 1403?
AED 70,000 a year on the contract signed on 25 September 2024. The previous contract, from October 2022, was AED 50,000; the unit has been rented since September 2013.
How big is unit 1403?
819 sqft (76.1 sqm): a one-bedroom apartment on the 14th floor of a 43-storey tower completed in 2008.
What is unit 1403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Concorde Tower sold for AED 800,000 to 1,500,000 in the last 12 months, around AED 1,224 per sqft.
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Mortgage on 1403, Concorde Tower
Starts from the last sale price (AED 639K, 21 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 638,673
- Deposit, UAE resident (20%)
- AED 127,735
- Deposit, non-resident (40%)
- AED 255,469
- Monthly over 25 years at 3.7%
- AED 2,613
Plus AED 31,834 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →